CBAM reporting: A new step in EU environmental policy

What does CBAM reporting involve? The Carbon Boundary Adjustment Mechanism (CBAM) was introduced by the EU as part of its ongoing efforts to combat climate change. Regulation (EU) 956, which comes into force in October 2023, aims to regulate carbon emissions from goods imported into the EU and prevent carbon leakage - a phenomenon that occurs when industries relocate their production to countries with less stringent environmental regulations.


Lending in Romania. What is professional lending and when does lending become professional?

This article is the third in our series on lending to/by companies and related issues. It deals with general aspects of lending in Romania and when it becomes “professional lending (creditare cu titlu profesional) subject to authorization. This is particularly relevant for companies that grant loans to other companies or persons in Romania.


Large open-space photovoltaic parks caught between two legal areas

Large ground-mounted photovoltaic parks (i.e. over 50 MW) represent an important solution in the fight against climate change and for achieving the energy targets from renewable sources adopted by Romania. In recent years, the development of numerous large ground-mounted photovoltaic parks has begun, some of which have already received authorisation for connection to the public grid. In Romania, ground-mounted photovoltaic parks connected to the national electricity grid must comply with two types of regulations: those relating to energy and those relating to construction and urban planning. There are therefore two authorisation procedures for the construction of a photovoltaic project: (i) one for the construction project (pursuant to Construction Law no. 50/1991 and Law no. 350/2001 on urban planning and territorial development) and (ii) one for all energy production capacities (pursuant to Energy Law no. 123/2012 and the secondary regulations issued by ANRE).


APIs

Developing software solutions for clients, mostly in financial, reporting and HR departments


Robotic Process Automation

Automating repetitive and stable administrative processes with RPA-solutions by UiPath, optimizing processes, selling software licenses


Due Diligence

Risk evaluation of existing grant projects in M&A processes


Management Consulting

Identifying and mitigting risks related to grant projects, project management


Project Implementation

Preparing tender documentation, mid-term reports, reimbursement requests, final reports, monitoring period


Proposals writing

We draft and develop complete proposals, including preparing new and evaluating/adapting existing business plans and market studies for obtaining grants, assisting with document management, as well as legal aspects


Pre-Evaluation

Evaluating the chances to obtain a grant